Find an Affiliate Niche
Online selling is challenging and requires hard work. When people first get introduced to affiliate marketing they can have a tendency to try and sell as many products and services as possible. This is the large net approach.
The usual result being little to no sales and discouragement to continue with your online business. There are literally hundreds of products/services available to the affiliates, however it is difficult to pre-sell convincingly if you are managing too many products.
Start with one product and build it into a successful sales stream. Before you commence selling you should complete your research:
- Is this product already heavily promoted ?
- Is there heavy keyword competition for this product ?
- Is the product priced for an impulse purchase or does it require heavy pre-sales ?
- Is there sufficient margin to be made on this product ?
- Is it reputable and value for money ?
- Would you potentially purchase this product yourself ?
- etc etc
- Decide how to promote - newsletter, ppc, in-site promo etc
- How much to spend on advertising
- Breakeven calculations
- How you can refine and test various marketing methods
- When to let go - if you're not converting you need to have specific criteria assisting you to make that decision